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January 26, 2023

Anya owns land with and adjusted basis of 305000 subject to a mortgage of 175000 on April 1 2022 Anya sells her land subject to the mortgage for 325000 in cash a note fo

Anya owns land with and adjusted basis of 305000 subject to a mortgage of 175000 on April 1 2022 Anya sells her land subject to the mortgage for 325000 in cash a note for 300000 and property with a fair market value of 60000 what is anya amount realized on this sale?

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